Amid the COVID-19 pandemic, the International Monetary Fund lowered its forecast for growth in emerging and developing economies for both 2020 and 2021. The way out won’t be easy. But not all is lost for emerging markets.
Jonathan Lemco, Ph.D.
Jonathan Lemco, Ph.D., is a principal and senior investment strategist in the Investment Strategy Group. He is the managing editor of the Megatrends project and the former editor of the Global Macro Matters series.
Prior to joining Vanguard in 2000, Dr. Lemco was head of the sovereign research effort at Credit Suisse in New York. He served for five years as director of the National Policy Association, and was a professor at The Johns Hopkins University School of Advanced International Studies for four years, teaching courses in sovereign risk, public policy, and North American economic and political issues.
Dr. Lemco has written or edited 11 books and many articles on sovereign risk, comparative public policy, and international economics. He earned a B.A. at Clark University and an M.A. and Ph.D. in political science at the University of Rochester.